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zomato share price: Zomato rises 4% as brokerages show higher appetite for stock post Q2 earnings - Vimarsana News

zomato share price: Zomato rises 4% as brokerages show higher appetite for stock post Q2 earnings

Zomato posted a Rs 36-crore profit after tax (PAT) against the estimates of Rs 5-crore loss by ETNow poll. The company had posted a surprise profit of Rs 2 crore in the preceding June quarter and a loss of Rs 251 crore in the year-ago period.

zomato 52 week high: Zomato shares hit 52-week high of Rs 105.90; m-cap nears $ 11 billion - Vimarsana News

zomato 52 week high: Zomato shares hit 52-week high of Rs 105.90; m-cap nears $ 11 billion

The stock's value has surged in the last eight months. Mutual funds have increased their investments in Zomato, making it one of the top buys of domestic fund houses in August, with purchases exceeding 80 million shares.